Original article by David Rogers
The Australian – Page: 13 & 14 : 17-Dec-18
Australia’s benchmark S&P/ASX 200 has shed 7.6 per cent so far in 2018, having peaked at a 10-year high of 6,373.5 points in August. However, market strategists are upbeat about the outlook for local shares in 2019, with a median forecast for the S&P/ASX 200 to gain 11 per cent in the next year. Domestic and global factors may weigh on market sentiment in 2019, including the economic outlook, falling Australian house prices, the prospect of interest rate rises in the US and Europe, and ongoing uncertainty surrounding Britain’s exit from the European Union.
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